SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Quantum Technology Corp [QTTK]

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patwrk who wrote (108)7/12/1999 12:02:00 AM
From: thegifman  Read Replies (1) of 137
 
Life Coach...Patwrk. My understanding is that the LP requirement of a 100,000 share purchase of Qttk for each $1 million invested in trading IMO should move the stock 2-4 points or more for each 100,000 share buy-in from LP trading partner. I believe Don Beck and his partner own 4.5 million shares each. Balance of 1.5 million is approx. float. Don originally stated that his partner might sell of the first 100,000 shares from his personal inventory. Nevertheless,
active trading like this should indicate at some point the need for a stock split because of thin float. Big key for company is to be able to scale up technology to be able to handle larger volumes of trading revenues. Everybody seems optimistic. This could get exciting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext